2018 Q1 Form 10-Q Financial Statement
#000005849218000006 Filed on May 08, 2018
Income Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
Revenue | $1.107B | $1.039B |
YoY Change | 6.59% | -0.69% |
Cost Of Revenue | $811.4M | $733.6M |
YoY Change | 10.61% | 4.09% |
Gross Profit | $217.4M | $226.7M |
YoY Change | -4.1% | -2.95% |
Gross Profit Margin | 19.63% | 21.82% |
Selling, General & Admin | $104.7M | $106.1M |
YoY Change | -1.32% | 0.95% |
% of Gross Profit | 48.16% | 46.8% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $25.50M | $22.80M |
YoY Change | 11.84% | 8.06% |
% of Gross Profit | 11.73% | 10.06% |
Operating Expenses | $104.7M | $106.1M |
YoY Change | -1.32% | 0.95% |
Operating Profit | $112.7M | $120.6M |
YoY Change | -6.55% | -6.15% |
Interest Expense | $14.40M | $10.60M |
YoY Change | 35.85% | 15.22% |
% of Operating Profit | 12.78% | 8.79% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $95.40M | $107.3M |
YoY Change | -11.09% | -9.6% |
Income Tax | $17.50M | $21.20M |
% Of Pretax Income | 18.34% | 19.76% |
Net Earnings | $77.90M | $86.10M |
YoY Change | -9.52% | -3.8% |
Net Earnings / Revenue | 7.03% | 8.29% |
Basic Earnings Per Share | $0.58 | $0.63 |
Diluted Earnings Per Share | $0.57 | $0.62 |
COMMON SHARES | ||
Basic Shares Outstanding | 135.3M shares | 136.8M shares |
Diluted Shares Outstanding | 136.3M shares | 138.1M shares |
Balance Sheet
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $494.6M | $268.6M |
YoY Change | 84.14% | 7.35% |
Cash & Equivalents | $494.6M | $268.6M |
Short-Term Investments | ||
Other Short-Term Assets | $50.70M | $32.90M |
YoY Change | 54.1% | -14.1% |
Inventory | $610.6M | $556.2M |
Prepaid Expenses | ||
Receivables | $578.0M | $523.0M |
Other Receivables | $80.20M | $32.40M |
Total Short-Term Assets | $1.767B | $1.413B |
YoY Change | 25.01% | 5.31% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $663.9M | $588.8M |
YoY Change | 12.75% | 6.15% |
Goodwill | $846.8M | $812.7M |
YoY Change | 4.2% | -0.53% |
Intangibles | $191.7M | $174.6M |
YoY Change | 9.79% | -3.16% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $129.7M | $130.3M |
YoY Change | -0.46% | -0.15% |
Total Long-Term Assets | $1.785B | $1.706B |
YoY Change | 4.61% | 1.42% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.767B | $1.413B |
Total Long-Term Assets | $1.785B | $1.706B |
Total Assets | $3.552B | $3.120B |
YoY Change | 13.85% | 3.14% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $433.4M | $387.8M |
YoY Change | 11.76% | 16.77% |
Accrued Expenses | $297.7M | $241.7M |
YoY Change | 23.17% | -5.7% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $154.0M | $3.400M |
YoY Change | 4429.41% | -2.86% |
Total Short-Term Liabilities | $978.1M | $716.6M |
YoY Change | 36.49% | 5.38% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.239B | $1.120B |
YoY Change | 10.63% | 8.52% |
Other Long-Term Liabilities | $186.3M | $165.7M |
YoY Change | 12.43% | -6.44% |
Total Long-Term Liabilities | $1.384B | $1.338B |
YoY Change | 3.46% | 6.73% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $978.1M | $716.6M |
Total Long-Term Liabilities | $1.384B | $1.338B |
Total Liabilities | $2.362B | $2.054B |
YoY Change | 14.98% | 6.25% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $2.509B | $2.452B |
YoY Change | 2.34% | 8.75% |
Common Stock | $514.6M | $499.5M |
YoY Change | 3.02% | -5.42% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $1.869B | $1.793B |
YoY Change | 4.24% | 9.06% |
Treasury Stock Shares | ||
Shareholders Equity | $1.196B | $1.064B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.552B | $3.120B |
YoY Change | 13.85% | 3.14% |
Cashflow Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $77.90M | $86.10M |
YoY Change | -9.52% | -3.8% |
Depreciation, Depletion And Amortization | $25.50M | $22.80M |
YoY Change | 11.84% | 8.06% |
Cash From Operating Activities | $44.10M | $57.70M |
YoY Change | -23.57% | -48.16% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $40.30M | $34.30M |
YoY Change | 17.49% | 23.83% |
Acquisitions | $85.80M | $37.90M |
YoY Change | 126.39% | 131.1% |
Other Investing Activities | $2.500M | $6.600M |
YoY Change | -62.12% | 24.53% |
Cash From Investing Activities | -$127.0M | -$77.50M |
YoY Change | 63.87% | 64.54% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $47.50M | $45.40M |
YoY Change | 4.63% | 4.37% |
Common Stock Issuance & Retirement, Net | $54.90M | $102.9M |
YoY Change | -46.65% | -2.37% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $41.10M | $2.500M |
YoY Change | 1544.0% | -103.58% |
NET CHANGE | ||
Cash From Operating Activities | $44.10M | $57.70M |
Cash From Investing Activities | -$127.0M | -$77.50M |
Cash From Financing Activities | $41.10M | $2.500M |
Net Change In Cash | -$41.80M | -$17.30M |
YoY Change | 141.62% | 208.93% |
FREE CASH FLOW | ||
Cash From Operating Activities | $44.10M | $57.70M |
Capital Expenditures | $40.30M | $34.30M |
Free Cash Flow | $3.800M | $23.40M |
YoY Change | -83.76% | -72.01% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
LEGGETT & PLATT INC | |
CY2018Q1 | dei |
Trading Symbol
TradingSymbol
|
LEG | |
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Allowance For Customer Related Notes Receivable Current
AllowanceForCustomerRelatedNotesReceivableCurrent
|
100000 | USD |
CY2018Q1 | leg |
Allowance For Customer Related Notes Receivable Current
AllowanceForCustomerRelatedNotesReceivableCurrent
|
100000 | USD |
CY2017Q4 | leg |
Allowance For Customer Related Notes Receivable Noncurrent
AllowanceForCustomerRelatedNotesReceivableNoncurrent
|
100000 | USD |
CY2018Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2018Q1 | dei |
Current Fiscal Year End Date
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--12-31 | |
CY2018Q1 | leg |
Allowance For Customer Related Notes Receivable Noncurrent
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|
0 | USD |
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Document Fiscal Period Focus
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|
Q1 | |
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2018 | |
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Allowance For Doubtful Accounts Write Offs Against Allowance Net Of Recoveries
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|
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CY2017Q4 | leg |
Allowance For Other Notes Receivable Current
AllowanceForOtherNotesReceivableCurrent
|
0 | USD |
CY2018Q1 | leg |
Allowance For Other Notes Receivable Current
AllowanceForOtherNotesReceivableCurrent
|
0 | USD |
CY2017Q4 | leg |
Allowance For Other Notes Receivable Noncurrent
AllowanceForOtherNotesReceivableNoncurrent
|
0 | USD |
CY2018Q1 | leg |
Allowance For Other Notes Receivable Noncurrent
AllowanceForOtherNotesReceivableNoncurrent
|
0 | USD |
CY2017Q4 | leg |
Allowance For Trade Receivable Current
AllowanceForTradeReceivableCurrent
|
4800000 | USD |
CY2018Q1 | leg |
Allowance For Trade Receivable Current
AllowanceForTradeReceivableCurrent
|
4900000 | USD |
CY2017Q4 | leg |
Allowance For Trade Receivable Noncurrent
AllowanceForTradeReceivableNoncurrent
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100000 | USD |
CY2018Q1 | dei |
Document Period End Date
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2018-03-31 | |
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Document Type
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10-Q | |
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Entity Central Index Key
EntityCentralIndexKey
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Entity Common Stock Shares Outstanding
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Allowance For Trade Receivable Noncurrent
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Amortizationof Intangible Assetsand Debt Issuance Costs
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|
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Amortizationof Intangible Assetsand Debt Issuance Costs
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Common And Preferred Stock Value
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Common And Preferred Stock Value
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Current Liabilities Excluding Other Current Liabilities
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Current Liabilities Excluding Other Current Liabilities
CurrentLiabilitiesExcludingOtherCurrentLiabilities
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Current Liabilities Excluding Other Current Liabilities
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Customer Related Notes Receivable Gross Current
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Customer Related Notes Receivable Gross Current
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Customer Related Notes Receivable Gross Noncurrent
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Defined Benefit Plan Expected Future Employer Contributions Increase From Prior Year
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Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Percent
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|
0.02 | |
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Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Tax On Accumulated Foreign Earnings Percent
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|
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Effective Tax Rate Reconciliation Discrete Tax Items Percent
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|
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Fixed Rate Debt Carrying Value
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Fixed Rate Debt Carrying Value
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Increase Decrease In Accrued Expenses And Other Liabilities
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Increase Decrease In Accrued Expenses And Other Liabilities
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Other Asset Impairment Charge Including Discontinued Operation
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Other Asset Impairment Charge Including Discontinued Operation
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CY2018Q1 | leg |
Other Comprehensive Income Loss Foreign Currency Transactionand Translation Adjustment Excluding Portion Attributableto Noncontrolling Interest Netof Tax
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Other Receivables Gross Noncurrent
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Other Receivables Total Gross Noncurrent
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|
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Other Receivables Total Gross Noncurrent
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|
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Proceeds From Divestiture Of Businesses And Productive Assets
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|
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Proceeds From Divestiture Of Businesses And Productive Assets
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Receivables Gross Current
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|
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Receivables Gross Noncurrent
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|
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Receivables Gross Noncurrent
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|
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Receivables Net Noncurrent
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|
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Receivables Net Noncurrent
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|
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|
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CY2018Q1 | leg |
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|
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CY2018Q1 | leg |
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CY2018Q1 | leg |
Total Other Assets
TotalOtherAssets
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Accounts Receivable Gross Noncurrent
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|
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Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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Accounts Receivable Gross Noncurrent
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Allowance For Doubtful Accounts Receivable
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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9300000 | USD |
CY2017Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
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|
4700000 | USD |
CY2018Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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4800000 | USD |
CY2017Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
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Allowance For Doubtful Accounts Receivable Noncurrent
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Amortization Of Intangible Assets
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Amortization Of Intangible Assets
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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|
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|
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Asset Impairment Charges
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Assets
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Assets
Assets
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Assets
Assets
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CY2017Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
16500000 | USD |
CY2018Q1 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
17300000 | USD |
CY2017Q4 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
8900000 | USD |
CY2018Q1 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
10000000 | USD |
CY2017Q4 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
7600000 | USD |
CY2018Q1 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
7300000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
281900000 | USD |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
268600000 | USD |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
526100000 | USD |
CY2018Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
494600000 | USD |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-13300000 | USD |
CY2018Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-31500000 | USD |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.34 | |
CY2018Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.36 | |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
103500000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
97300000 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
0 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
0 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
103500000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
97300000 | USD |
CY2017Q1 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
733600000 | USD |
CY2018Q1 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
811400000 | USD |
CY2016Q4 | us-gaap |
Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
1200000 | USD |
CY2017Q4 | us-gaap |
Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
-2300000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
83000000 | USD |
CY2018Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
92700000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-1200000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-700000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
|
21000000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
3400000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
2900000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
2800000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
2000000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
1800000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
800000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
1200000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
1000000 | USD |
CY2017Q1 | us-gaap |
Depreciation
Depreciation
|
22800000 | USD |
CY2018Q1 | us-gaap |
Depreciation
Depreciation
|
25500000 | USD |
CY2017Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
45000000 | USD |
CY2018Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
47200000 | USD |
CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.63 | |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.58 | |
CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.62 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.57 | |
CY2017Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
4000000 | USD |
CY2018Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
10300000 | USD |
CY2017Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.20 | |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.18 | |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.05 | |
CY2017Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.07 | |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.01 | |
CY2017Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.07 | |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.02 | |
CY2017Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.01 | |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.01 | |
CY2017Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
10700000 | USD |
CY2018Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
2000000 | USD |
CY2017Q4 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | USD |
CY2018Q1 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
151700000 | USD |
CY2018Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
152500000 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
200000 | USD |
CY2018Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
200000 | USD |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
822200000 | USD |
CY2018Q1 | us-gaap |
Goodwill
Goodwill
|
846800000 | USD |
CY2017Q1 | us-gaap |
Gross Profit
GrossProfit
|
226700000 | USD |
CY2018Q1 | us-gaap |
Gross Profit
GrossProfit
|
217400000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
86100000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
77900000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
107300000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
95400000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
115900000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
107400000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
86100000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
77900000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.63 | |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.58 | |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.62 | |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.57 | |
CY2017Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
0 | USD |
CY2018Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
0 | USD |
CY2017Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.00 | |
CY2018Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.00 | |
CY2017Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.00 | |
CY2018Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.00 | |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
21200000 | USD |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17500000 | USD |
CY2017Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
15000000 | USD |
CY2018Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
23700000 | USD |
CY2017Q4 | us-gaap |
Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
|
0 | USD |
CY2018Q1 | us-gaap |
Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
|
0 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
59700000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
39200000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
28800000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-7900000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-6400000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-1700000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
30100000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
21100000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-4500000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
600000 | USD |
CY2017Q4 | us-gaap |
Insurance Settlements Receivable Current
InsuranceSettlementsReceivableCurrent
|
43000000 | USD |
CY2018Q1 | us-gaap |
Insurance Settlements Receivable Current
InsuranceSettlementsReceivableCurrent
|
43700000 | USD |
CY2017Q4 | us-gaap |
Insurance Settlements Receivable Noncurrent
InsuranceSettlementsReceivableNoncurrent
|
0 | USD |
CY2018Q1 | us-gaap |
Insurance Settlements Receivable Noncurrent
InsuranceSettlementsReceivableNoncurrent
|
0 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
169100000 | USD |
CY2018Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
191700000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
10600000 | USD |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
14400000 | USD |
CY2018Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
12000000 | USD |
CY2017Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
285600000 | USD |
CY2018Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
307300000 | USD |
CY2017Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
50900000 | USD |
CY2018Q1 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
56900000 | USD |
CY2017Q1 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
400000 | USD |
CY2018Q1 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
6000000 | USD |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
571100000 | USD |
CY2018Q1 | us-gaap |
Inventory Net
InventoryNet
|
610600000 | USD |
CY2017Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
283400000 | USD |
CY2018Q1 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
302900000 | USD |
CY2017Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
53000000 | USD |
CY2018Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
57300000 | USD |
CY2017Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1300000 | USD |
CY2018Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1800000 | USD |
CY2017Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2000000 | USD |
CY2018Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2400000 | USD |
CY2017Q4 | us-gaap |
Land
Land
|
40600000 | USD |
CY2018Q1 | us-gaap |
Land
Land
|
42500000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3550800000 | USD |
CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3692400000 | USD |
CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3551500000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
976200000 | USD |
CY2018Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
978100000 | USD |
CY2017Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1383800000 | USD |
CY2018Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1518000000 | USD |
CY2018Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1383800000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1097900000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1239000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
153800000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
154000000 | USD |
CY2016Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
3200000 | USD |
CY2017Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
3200000 | USD |
CY2017Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
400000 | USD |
CY2018Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | USD |
CY2017Q1 | us-gaap |
Loss Contingency Accrual Payments
LossContingencyAccrualPayments
|
0 | USD |
CY2018Q1 | us-gaap |
Loss Contingency Accrual Payments
LossContingencyAccrualPayments
|
400000 | USD |
CY2017Q1 | us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | USD |
CY2018Q1 | us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | USD |
CY2018Q1 | us-gaap |
Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
|
22900000 | USD |
CY2017Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
1210600000 | USD |
CY2018Q1 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
1260800000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
600000 | USD |
CY2018Q1 | us-gaap |
Minority Interest
MinorityInterest
|
400000 | USD |
CY2018Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
200000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2500000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
41100000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-77500000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-127000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
57700000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
44100000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
86100000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
77900000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2017Q1 | us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
1600000 | USD |
CY2017Q1 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
2 | acquisition |
CY2018Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
4 | segment |
CY2018Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | segment |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
129100000 | USD |
CY2018Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
129700000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
600000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
400000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
14500000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
18800000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
2500000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
2300000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
17400000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
19400000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
1200000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
400000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
88700000 | USD |
CY2018Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
93000000 | USD |
CY2018Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
91700000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
202900000 | USD |
CY2018Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
186300000 | USD |
CY2017Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-1400000 | USD |
CY2018Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
1700000 | USD |
CY2017Q4 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
14800000 | USD |
CY2018Q1 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
12800000 | USD |
CY2017Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
72800000 | USD |
CY2018Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
80200000 | USD |
CY2017Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
6600000 | USD |
CY2018Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
2500000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
104200000 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
55200000 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
45400000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
47500000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
37900000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
85800000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
2600000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
0 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
34300000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
40300000 | USD |
CY2018Q1 | us-gaap |
Percentage Of Lifo Inventory
PercentageOfLIFOInventory
|
0.50 | |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
74200000 | USD |
CY2018Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
50700000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1300000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
300000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-800000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-300000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
159100000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
144800000 | USD |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
86100000 | USD |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
77900000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1877200000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1945600000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
663900000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
710100000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
663900000 | USD |
CY2017Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1600000 | USD |
CY2018Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
200000 | USD |
CY2017Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
595100000 | USD |
CY2018Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
658200000 | USD |
CY2017Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
4100000 | USD |
CY2018Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
1000000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
4900000 | USD |
CY2018Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
1000000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2511300000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2538300000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2509000000 | USD |
CY2018Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1028800000 | USD |
CY2017Q1 | us-gaap |
Revenues
Revenues
|
1038900000 | USD |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
1107400000 | USD |
CY2017Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
960300000 | USD |
CY2018Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1028800000 | USD |
CY2017Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
106100000 | USD |
CY2018Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
104700000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10300000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8700000 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
8200000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
3900000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1190200000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1195900000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1094000000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1065400000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1190800000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1196300000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
|
1095200000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
|
1188500000 | USD |
CY2017Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1828300000 | USD |
CY2018Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1868900000 | USD |
CY2017Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
106400000 | USD |
CY2018Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
55300000 | USD |
CY2017Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1300000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
138100000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
136300000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
136800000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
135300000 | shares |
CY2018Q1 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">INTERIM PRESENTATION</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The interim financial statements of Leggett & Platt, Incorporated (“we”, “us” or “our”) included herein have not been audited by an independent registered public accounting firm. The statements include all adjustments, including normal recurring accruals, which management considers necessary for a fair statement of our financial position and operating results for the periods presented. We have prepared the statements pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP") have been condensed or omitted pursuant to such rules and regulations. The operating results for interim periods are not necessarily indicative of results to be expected for an entire year.</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The December 31, 2017 financial position data included herein was derived from the audited consolidated financial statements included in Form 10-K, but does not include all disclosures required by GAAP. For further information, refer to the financial statements and footnotes included in our annual report on Form 10-K for the year ended December 31, 2017.</font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due to required retrospective application, certain reclassifications have been made to the prior period's information in the Consolidated Condensed Statements of Operations to conform to the first quarter 2018 presentation of "Cost of good sold", "Selling and administrative expenses" and "Other (income) expense, net" for new accounting guidance associated with pension costs (See Note 2 - Accounting Standards Updates).</font></div></div> | |
CY2018Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ACCOUNTING STANDARD UPDATES</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">    </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Financial Accounting Standards Board (FASB) regularly issues updates to the FASB Accounting Standards Codification that are communicated through issuance of an Accounting Standards Update (ASU).   Below is a summary of the ASUs, effective for current or future periods, most relevant to our financial statements. The FASB has issued accounting guidance, in addition to the items discussed below, effective for future periods which we do not believe will have a material impact on our future financial statements. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Adopted in 2018:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">  </font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018 we adopted ASU 2014-09 "Revenue from Contracts with Customers" (Topic 606) as discussed in Note 3.</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASU 2017-07 “Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”:  This ASU requires employers to disaggregate the service cost from other components of net periodic benefit costs and to disclose the income statement line item in which each component is included.  This guidance requires service costs to be reported in the same line item as other compensation costs, and the other components of net periodic benefit costs (which include interest costs, expected return on plan assets and actuarial gains and losses) to be reported outside of operating income. We adopted this guidance on January 1, 2018.  Application was required on a retrospective basis and resulted in a reclassification of </font><font style="font-family:inherit;font-size:10pt;">$1.0</font><font style="font-family:inherit;font-size:10pt;"> of expense from “Cost of goods sold” and “Selling and administrative expenses” into “Other (income) expense, net” for the three months ended March 31, 2017.  Refer to Note 11 for further information.</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:12pt;padding-left:24px;"><font style="font-family:inherit;font-size:12pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">ASU 2018-05 “Income Taxes (Topic 740): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118” (SAB 118):  This ASU allows SEC registrants to record provisional amounts in earnings for the year ended December 31, 2017 due to the complexities involved in accounting for the enactment of the Tax Cuts and Jobs Act (TCJA). We recognized the estimated income tax effects of the TCJA in our 2017 Consolidated Financial Statements in accordance with SAB 118. Refer to Note 15 for further information.</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASU 2016-15 “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments”:  We adopted this guidance on January 1, 2018, and it did not materially impact our financial statements. </font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">To be adopted in future years:</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASU 2016-02 “Leases” (Topic 842): Requires an entity to recognize both assets and liabilities arising from financing and operating leases, along with additional qualitative and quantitative disclosures. We plan to adopt the standard as of the first quarter of 2019. We have assembled a cross-functional implementation team and are assessing all potential impacts of the standard. The implementation team is working to gather the data required to account for leases under the new standard, and validating the functionality of third-party lease accounting software.  In addition, we are in the process of identifying and implementing the appropriate changes to business processes and controls to support recognition and disclosure under the new standard. We believe our assets and liabilities will increase for the adoption of this standard through the recording of these right-of-use assets and corresponding lease liabilities. We continue to evaluate its impact on our statements of operations and cash flows.</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASU 2017-12 “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities”: This ASU is intended to simplify and clarify the accounting and disclosure requirements for hedging activities by more closely aligning the results of cash flow and fair value hedge accounting with the risk management activities of an entity. The amendments in this ASU are effective January 1, 2019 with early adoption permitted. We are currently evaluating the effect of the ASU on our results of operations, financial condition and cash flows.</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASU 2018-02 “Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income”: This ASU provides financial statement preparers with an option to reclassify stranded tax effects within accumulated other comprehensive income in each period in which the effect of the change in the U.S. federal corporate income tax rate in the TCJA is recorded.  The ASU will be effective January 1, 2019. Early adoption is permitted and the provisions of the ASU should be applied in either the period of adoption or retrospectively to each period in which the effect of the change in federal corporate income tax rate in the TCJA is recognized.  We are currently evaluating this guidance.</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASU 2017-04 "Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment": This ASU simplifies the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. Under this ASU, the annual goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge would be recognized for the amount by which the carrying amount exceeds the reporting unit's fair value up to the total amount of goodwill for the reporting unit. This ASU will be effective January 1, 2020, with early adoption permitted. We are currently evaluating this guidance, and do not expect it to materially impact our future financial statements.</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASU 2016-13 “Financial Instruments - Credit Losses” (Topic 326): This ASU is effective January 1, 2020 and amends the impairment model by requiring a forward-looking approach based on expected losses rather than incurred losses to estimate credit losses on certain types of financial instruments including trade receivables. We are currently evaluating this guidance. However, we do not expect it to materially impact our future financial statements.</font></div></td></tr></table></div> |